We highlight our success stories so far, the people behind Ampion, many figures and our outlook for 2016.

1. ANNUAL REPORT

2. Whether it’s in a co-working space in the western world or a
tech-hub in Nairobi, Lagos or Addis, creating a startup is a daunting
task that more often than not leads to failure. Having founded
startups in the past ourselves, and beginning Ampion as much of a
dream as a plan, we know how difficult it is for entrepreneurs
to find their way.
Although widespread commercial success still has far to go, we
believe that true investment in African startups requires more than
just being prepared to participate - it requires being prepared to
build and contribute.
We have used this philosophy and our commitment to entrepreneurs
to drive the impact and expansion of our programs and we believe
that the growth that we have seen and participated in across the
continent will only continue in 2016 and in the years to come.
Ifeanyi Oteh, Ampion Co-Founder
In 2013, when we first ran the Ampion Venture Bus through Southern
Africa, my personal goal was to prove that a startup generation
concept, which originated in Silicon Valley, could work across Africa.
Our team saw a very strong potential in the increased investment
and entrepreneurial energy on the continent, facilitating the ability
for startups to have a larger effect on a wider range of people.
As of today, we have been able to support 400 entrepreneurs from
24 African countries, as well as from 10 other countries around the
world. We helped to create 80 African startups.
After three years, Ampion has witnessed how a proactive and
steadfast commitment to achieve impact can lead to success, as
opposed to waiting for an ideal situation to present itself. As we
continue to scale our impact, we know this will be key to making
progress each year in the future.
Fabian Guhl, Ampion Founder & CEO
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3. TABLE OF CONTENTS
01
INTRODUCTION
Our Story
Why Africa?
02
BACKGROUND
How it All Started?
Our Model
Our Programs
Achievements in 2015
Ampion at a Glance
03
PROGRESS IN 2015
Our Projects
Global Outreach
New Partnerships
04
PEOPLE
Ampion Team
Advisory Board
Supporters
05
NUMBERS
Our Financials
06
OUTLOOK
The Fellowship
More Women
New Synergies
5
6
9
10
11
12
13
15
16
18
20
21
22
24
26
26
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3
07
CONTACT
Contact
Donations
27
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4. INTRODUCTION
4

5. About 65% of the total population of Africa is below the age of 34
years, and over 36% are between 15 and 35 years old - making it
the continent with the largest youth population. About 10 million
additional youths enter the African labor market each year. With youth
unemployment at approximately 50%.
IN THREE
YEARS
OUR STORY
16 COUNTRIES 400 ENTREPRENEURS 80 STARTUPS
Ampion’s mission is to enable young
entrepreneurs to launch businesses
in Africa, and create new jobs.
Ampion stands for Amplifying Pioneership. We are an inter-
national impact-based organization, founded in 2013
on the principles of entrepreneurship and the transformative
power of technology-based business models.
...AND WE’RE JUST GETTING STARTED.
5

6. {
37% MOBILE PENETRATION
{
25% ELECTRICITY PENETRATION
{27% OF AFRICA’S
INTERNET USERS
RESIDE IN SOUTH
AFRICA
{
3.9% OF THE WORLD’S INTERNET
USERS ARE AFRICAN
{
6.7% INTERNET PENETRATION
It is estimated that in 2016 the African population will reach
1,069 billion people, the majority of whom are under 30. African
countries have the highest rates of urbanisation; its poor
infrastructure, which has previously hampered growth and
development, is now a catalyst for innovation. Mobile phones
have become a game-changer for Africa. According to the
technology company Ericsson, by 2019 there will be 930
million mobile phones in Africa, almost one for every person on
the continent.
One of the biggest innovations to come out of Africa is the
use of mobile payments, which have disrupted traditional
financial models that failed to effectively meet the needs of their
target customers. The technology behind mobile money has
been so successful in Africa that it has now been exported
to the West. The continent is starting to see the rise of e-
healthcare solutions and online education platforms, which are
helping to solve two of the biggest challenges Africa faces.
The emergence of such technologies has ushered in a potential
new trend of Africa leading innovative technology solutions
rather than simply adopting them.
It is an exciting time for Africa. Ampion’s goal is to be at the
forefront of this development and actively shape how technology
will transform and revolutionize the continent, by offering
targeted support to young entrepreneurs and enabling them
to create the best technology ventures possible.
WHY
AFRICA?
In Africa, mobile phone penetration is
higher than access to electricity.
6
Source: African Union

7. TOTAL INVESTMENT
196.7 million dollars
INVESTMENT IN AFRICAN TECHNOLOGY STARTUPS 2015
EGYPT
ETHIOPIA
KENYA
TANZANIA
RWANDA
UGANDA
MOZAMBIQUE
ZIMBABWE
ZAMBIA
SOUTH AFRICA
BOTSWANA
CAMEROON
NIGERIA
GHANA
IVORY COAST
SENEGAL
11%
1%
1%2%
2%
1%
3%
5% 22%
23%
6%
8%
1%
2%
2%
5%
7Source: Disrupt Africa

8. BACKGOUND
8

9. HOW IT ALL STARTED
Building ventures
in Africa on a bus
In November 2013, 41 entrepreneurs from 14 countries set out
on the 2500 kilometer trek from Harare in Zimbabwe to Cape Town
in South Africa, creating 8 mobile apps with the goal to transform
the energy, education and healthcare sectors.
One of them, Sterio.me, was chosen as one out of the ten most
innovative startups by Fast Company! After months of planning
and uncertainty, we turned the concept into a reality, having
the BBC, CNN and Al Jazeera on board. Ever since, we have
maintained a pragmatic and hands-on approach to enabling
entrepreneurship and fostering technological innovation; we
pride ourselves on always being on the road and challenging
both ourselves and the entrepreneurs to constantly innovate
and create. The first ever Venture Bus in Africa was funded
by Interswitch (recently tabbed as Africa’s first tech unicorn),
Econet Wireless and our amazing community via crowdfunding.
9

10. OURMODEL
Through our multi-tiered programs, we enable experienced
and prospective entrepreneurs to find like-minded young people
from across Africa and the world to form partnerships and found
startups. We help participants discover different startup eco-
systems, by visiting investors, technology hubs and corporate
innovation centers.
Our “Ampioneers” learn what it takes
to successfully launch a startup and
are mentored by experienced serial
entrepreneurs and industry experts.
10

11. 11
STEP 1: DISCOVER, PROTOTYPE & PITCH
THE VENTURE BUS
A 7-day bus journey using design thinking principles to identify
problems affecting communities, form teams, develop ideas,
receive coaching and create a startup.
Continued education, provide tools, networking and mentoring,
enabling African entrepreneurs to secure funding and achieve
commercial success.
Incubation program to provide selected startups from across
the continent. A tailored 4-month virtual curriculum with live
bootcamps. We provide office space, mentoring and operational
support, seed funding and financial assistance for entrepreneurs,
access to international investors and accelerators as well as a
network with fellow entrepreneurs including events.
STEP 2: MENTORING & STIPEND
THE FELLOWSHIP

12. ACHIEVEMENTS
IN 2014
In 2014, Ampion received official non-for-profit designation to
continue our goal of supporting innovators and entrepreneurs in
emerging markets. This marked the first major step for Ampion
as we built upon our 2013 successes by running 4 Venture Bus
tours through Tunisia, Cote d’Ivoire, Togo, Benin, Ghana, Nigeria,
Zimbabwe, Botswana, Namibia, South Africa, Tanzania, Kenya,
Uganda and Rwanda. A total of 160 entrepreneurs participated
in 28 days of mentorship, business planning, prototyping, pitching
and networking and 39 startups were founded.
Nigerian FinTech startup
Nigerians largest
comparison platform for
digital services
Raised more than $1.1
million in funding so far
Kenyan eHealth
startup
Healthcare & medical
tracking for patients
Established a successful
collaboration with our
partner Merck
Botswanan Agritech
Startup
Livestock management
application for farmers
Winner of both the Orange
and Seedstars startup
competitions
12
TOP CHECK MOBIDAWA MODISAR

13. /
CORPORATE
PARTNERS
THREE YEARS OF AMPLIFYING PIONEERSHIP
92%of MENTORS
invest in Ampion startups
HIGHEST AMOUNT RAISED
BY AN AMPION STARTUP
$1.1MILLIONBYTOPCHECK
EVENT ATTENDEES
AFRICA
U.S.A
EUROPE
10,000
1,000
3,000
The networks and mentorship provided
by Ampion was exactly what I lacked to
create my own startup.
Mosidi Modise, SOUTH AFRICA
Founder of e.Mkuyu Samia Haimoura, MOROCCO
Founder of Securella
The Ampion Venture Bus is a unique
learning experience, it provides everything
you need to make your startup successful.
We need more programs like this one!
9
10
AMPIONEERS
BECOME ENTREPRENEURS
600 000
FOLLOWERS
700+ ARTICLES
FEATURED ON
OUT OF MORE THAN 4000 APPLICATIONS EVERY YEAR
WE SELECT 400 AMPIONEERS
THAT’S ONE IN TEN
80STARTUPS
400ENTREPRENEURS
76MENTORS
29%
71%
SECTORS
AGRITECH
GREENTECH
EHEALTH
FINTECH
EdTECH
eCOMMERCE
MOBILITY
SINCE
2013
9 VENTURE BUSES
24 CITIES
16 COUNTRIES
21 600 KM
21 TECH HUBS
34ANGEL INVESTORS
9PARTNER VCs
13
2 PROGRAMS
THE VENTURE BUS
THE FELLOWSHIP

14. PROGRESS IN 2015
14

15. PROJECTS
In 2015 we kicked-off 4 week-long Venture Bus programs. The
first tour took place in Morocco, followed by tours in West Africa
and East Africa, and our final tour through Southern Africa.
In total we enabled 150 entrepreneurs to launch 50 startups
spanning the fields of GreenTech, FinTech, eHealth and AgriTech.
During the seven-day bus tours, entrepreneurs were accomp-
anied by high-level mentors from around the world and each
Venture Bus ended with a pitch competition in front of a jury of
international investors and tech influencers at leading regional
tech conferences: Shape Africa 2015 in Rabat, Demo Africa in
Lagos, Transform Africa in Kigali and AfricaCom in Cape Town.
Meanwhile, our team went on to host workshops in Amman,
Meanwhile, our team went on to host workshops in Amman,
Jordan (Public Sector Innovation, in partnership with UNDP),
Abidjan, Cote d’Ivoire (at AfDB’s inaugural Innovation Week-
end), Budapest, Hungary (Industry and SME Dialogue, with
ITU) and Kigali, Rwanda (Smart Cities Innovation, in partnership
with UNDP and Motorola). In October we joined the steering
committee of Africa Code Week with our partner SAP, running
Ampion Coding Buses through Rwanda and South Africa, intro-
ducing almost 90.000 children to coding.
15

16. GL BAL
OUTREACH2015 began in an unforgettable way for the Ampion team, as
we were honored to meet and discuss digital social innovation
with the woman who would later be named Time Magazine’s
person of the year - German Chancellor Angela Merkel. In Feb-
ruary, Ampion was the proud winner of the 2015 Innovation
Ecosystem Award at the Global Innovation Summit in Silicon
Valley. We then took part in an exciting journey as part of a
delegation to DRC, Kenya and Rwanda, which was lead by
German Foreign Minister Frank-Walter Steinmeier.
March was highlighted by our attendance at the Africa Business
Conference at Harvard Business School, where the Venture
Competition featured an Ampion startup founded in 2014. In
March, we were featured at CeBIT, the world’s largest Tech Expo
where engaged with industry leaders from across the globe
and triggered their interest for African innovation and doing
business in Africa. We added 25 new mentors to the Ampion
network and flew two promising alumni startups from Africa to
Hannover to meet investors at the expo. In April we became
proud recipients of the Pan-African Award for Entrepreneurship
in Education by the the Saville Foundation.
16

17. The summer was ushered in by TechCrunch exclusively
announcing our Venture Bus 2015 program, for which over 2,000
applicants from around the world applied. We also participated
in several conferences, notably the 50th Annual Meetings of the
African Development Bank in Abidjan and the World Economic
Forum on Africa in Cape Town.
Visibility and networking are everything in the business and
startup world. We are proud of our partnerships with leading
African conferences where “our” startups regularly take the
stage, particularly Shape Africa in Rabat, Demo Africa in Lagos,
Transform Africa in Kigali an AfricaCom in Cape Town. An
integral part of our mission is to tell the success stories of our
programs, the startups we co-create and the entrepreneurs
we support .
To let the world know that Africa is
the home of pioneering ideas and an
entrepreneurial spirit that solves real
problems.
Did you know that over 700 articles have been written about
Ampion in the last three years? The media loves us and we love
the media. And through our various social media platforms and
regular TV appearances we reach over 3.4 million people annually!
17

18. In July we teamed up with the U.S. State Department and
nominated 25 Ampioneers to fly to the Global Entrepreneurship
Summit in Nairobi and join U.S. President Barack Obama. Shortly
thereafter, we announced our partnership with Merck KGaA in
launching Africa’s first eHealth accelerator program. We also
had the opportunity to meet with Microsoft CEO Satya Nadella
in Nairobi and later announced our pan-African partnership with
Microsoft to support Ampion backed startups and entrepreneurs
through our virtual incubation and company building initiatives.
Our sponsors are and have been Open Society Initiative for
West Africa (OSIWA), the German Federal Ministry for Eco-
nomic Cooperation and Development (BMZ), the German
International Cooperation (GIZ), the German Ministry for
Economic Affairs and Energy (BMWi), the African Development
Bank (AfDB), the Southern African Innovation Support (SAiS),
AfricInvest, MTN, Microsoft, SAP and Merck - Thank you!
NEWPARTNERSHIPS
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19. PEOPLE
19

20. Fabian Guhl
CEO
Deborrah Schaer
Corporate Relations & Communications
Ifeanyi Oteh
Co-Founder
AMPION TEAM
Ampion is made possible by our amazing staff, interns and volunteers, such as our startup mentors, our pro bono consultants
and many many others who contribute to the success of Ampion and our mission. Our home base is in Berlin, but our team
works from all over the world, mostly in Africa.
20

21. ADVISORY BOARD
Ben White
Founder & CEO VC4Africa
Amsterdam, Netherlands
Arun Sharma
Founder and Lead Infinite Potentials Consulting
Berlin, Germany
Landry Signe
Chairman & CEO, The Global Network for Africa’s Prosperity,
Lecturer at Stanford
Palo Alto, USA
Hugo Hanselmann
Global Director Digital Connections
at Anheuser Busch InBev
New York, USA
Jochen Baumeister
CEO Jochen Baumeister Consulting &
Project Management
Berlin, Germany
Prof. Dr. Johann Füller
CEO HYVE and Professor at Innsbruck University
Munich Germany & Innsbruck Austria
Tayo Akinyemi
Director at AfriLabs
Chicago USA
Ralph Olaye
Director, Business Development and
Project Management at Eranove
Tunis, Tunisia
Richard Boly
Board Member at InnovateEDU
Washington D.C, USA
Manuel Koser
Founding Partner Silvertree Capital
Cape Town, South Africa
Nabeel Malik
President/CEO at NIMR Consulting Inc
Toronto, Canada
21

22. OUR SUPPORTERS
Our work across Africa would not be possible without our local
partners, particularly our volunteer country managers and
technology hubs that host and support us in the 16 African
countries which we are active in. We have made some amazing
friends across the continent and are grateful for:
1020 m2
OF OFFICE SPACE
21STARTUP SKILLS
WORKSHOPS
45MICROPHONES
41(WORKING)
PROJECTORS
691
PIZZAS
JOLLOF RICE
CHIPS MAYAI
824FACEBOOK
PICTURES
22

23. NUMBERS
23

24. 6% MEDIA & COMMS
5% EVENT EXPENSES
2% STIPENDS & SCHOLARSHIPS
6% TRAVEL
4% OFFICE, IT & PROF FEES
49% PROGRAM EXPENSES
30% SALARIES
24% CORPORATIONS
69% PUBLIC SOURCES & FOUNDATIONS
7% INDIVIDUALS
OUR FINANCIALS IN 2015
Organizational Efficiency
We pride ourselves on our ability to be effective and lean with nearly
50% of all funds received being used directly in the field.
Where Our Resources Come From
24

25. OUTLOOK
25

26. THE FELLOWSHIP MORE WOMEN NEW SYNERGIES
CORPORATIONS & VENTURE BUILDING
Providing, not just entrepreneurs who
participate in our bus program but also
entrepreneurs from across the continent,
with the support, mentorship and capacity
training skills needed to succeed is the
central goal of the Ampion 2016 Fellowship
program. February marks the launch of
our more robust commitment to leverage
our excellent global network of mentors,
investors, technology hubs and corpor-
ations to benefit African entrepreneurs.
The Fellowship Program is a 4-month
incubation program for high-potential
entrepreneurs and startups in Africa. The
goal is to help these “Ampioneers” to
build the future, by successfully launching,
funding and scaling their businesses.
“We’re very excited indeed
about Africa, the whole
continent actually. We see
huge potential.”
Rupert Keeley,
General Manager Paypal Mena & Africa
“We need to ensure women
are part of this revolution.”
Nkosazana Dlamini-Zuma,
Chairperson African Union
As the technology and innovation boom hits
Africa, there is still a gender divide, and we
aim to close that gap and ensure that women
and girls are part of this revolution. Now is the
perfect time to use technology as a catalyst
to create inclusive economies, and address
income inequality. There is a need to create
gender-inclusive technology and have women
become part of the design and development
of technological solutions. There are many
programs on the continent leading this charge,
and there is anopportunity for Africa tobecomea
leaderingenderequalityinthetechnologysector.
26
Throughout the coming year, we aim to work
closely with more corporate partners, as we
believe the potential synergies between
established companies and agile startups
are immense: technology skills, sector
expertise, business know-how, entre-
preneurial spirit and digital mindsets
represent the core areas where we
believe targeted programs will result in
impactful and profitable solutions. We
want to help corporations stand alongside
entrepreneurs at the forefront of African
technology and entrepreneurship.
2016 also marks the expansion of our
venture building initiatives which will
provide centralized support services,
networks and tools so that Ampion startups
are truly able to scale. Accelerators and
incubators have been a significant part of
the growth in excitement on the continent
but resources are needed to build
ventures not just identify them to
achieve real impact.
“Ifyoudon’tsitonthetable
of innovation, you land on
the menu of disruption.”
Ashley Veasey,
CIO Barclays Africa

27. CONTACT
Feedback, questions, coffee requests? We look forward to hearing from you!
Oranienburger Strasse 69
10117 Berlin
Germany
+49 30 208 98 75
contact@ampion.org
www.ampion.org
You can also find us on:
Like what we do? If you would like to support AMPION, we’re happy to receive your donation:
AMPION.org gUG
IBAN: DE23 1204 0000 0072 6257 00
BIC: COBADEFFXXX
BLZ: 120 400 00
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